Colorado’s marijuana industry can celebrate 2021 as a record-breaking year with over $2.22 billion in sales. The new milestone follows a trend that’s grown since marijuana sales started in January 2014. Each calendar year has welcomed higher numbers, with the latest bar set in 2020 at over $2.19 billion,... Read more
Schwazze Closes Acquisition of Emerald Fields Schwazze Continues Colorado Expansion Strategy with Emerald Fields Cannaboutique Dispensaries in Manitou Springs & Glendale, CO DENVER, Feb. 10, 2022 /PRNewswire/ – Schwazze, (OTCQX: SHWZ) (“Schwazze” or the “Company”), announced today that it has closed the transaction to acquire MCG, LLC (“Emerald Fields”). Emerald Fields is the owner and operator of two retail cannabis dispensaries, located in Manitou Springs and Glendale,... Read more
Innovative Industrial Properties Acquires New Jersey Property and Expands Real Estate Partnership with AWH SAN DIEGO, February 10, 2022–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that... Read more
Harborside Inc. Announces Closing of First Tranche of Pelorus Debt Financing and Provides a Business Update OAKLAND, Calif. and TORONTO, Feb. 10, 2022 /PRNewswire/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first... Read more
It has been nearly a year since New York legalized recreational pot, but the state made it clear on Tuesday that unlicensed weed sales are still a no go. New York’s Office of Cannabis Management said it sent letters to businesses it suspects of illegally selling cannabis, often done... Read more
Growers see Oklahoma as a national model for medical marijuana, but others say its lax regulation is a warning to other states considering legalization. LEXINGTON, Okla. — Inside an old metal building off a quiet stretch of U.S. 77, Josh Blevins walked among rows of fragrant marijuana plants basking... Read more
South Carolina senators Wednesday approved the use of medical marijuana in the state on a 28-15 vote that finished a Republican senator’s seven-year quest to pass the proposal, but the legislation still has some hurdles to pass to become law. The proposal had both bipartisan support and opposition in the Republican-dominated... Read more
While New York works on launching a legal market for recreational marijuana, some entrepreneurs dove into a legal gray area by saying they’re not selling pot but giving it away while people buy something else. Now, the state is saying they have jumped the gun and need to stop. The... Read more
Calling it “another step in the wrong direction,” Wisconsin Governor Tony Evers last week vetoed legislation that would have created new, stiff penalties for certain cannabis convictions. The first-term Democrat vetoed a Republican-supported bill on Friday that would have established harsher and separate penalties for manufacturing and distributing cannabis... Read more
Colorado employers would be prohibited from denying employment to or firing workers because of their off-the-clock cannabis use – either medical or recreational – under a measure introduced last week at the statehouse. House Bill 1152 would also require employers to let their workers consume medical marijuana while on the... Read more